• OSC publishes Staff Notice 81-709 – Report on Staff's Continuous Disclosure Review of Investment Funds (2008) summarizing the findings and comments arising from the continuous disclosure review program conducted by OSC Staff

  • Staff reviewed a sample of investment fund managers who, in total, manage approximately 45% of the industry's assets under management

  • Staff noted several areas for improvement in terms of the quality of management's discussion, overall presentation and ongoing regulatory compliance